The correct answer is:
c. the number of people who want employment but cannot get jobs.
The unemployment rate is typically calculated as the percentage of the labor force that is unemployed and actively seeking work.
What is meant by the term unemployment rate?
a. the speed at which people lost their jobs during a particular year
b. the length of time it takes for unemployment to go down
c. the number of people who want employment but cannot get jobs
d. the number of jobs for which employers cannot find workers
1 answer